autonomous driving

New Business

Hong Kong IPO: actor Roger Kwok’s Herbs Generation jumps 25% on debut

Retail investors jumped at the chance to invest in Hong Kong actor Roger Kwok’s company, with the initial public offering…

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New Business

Chinese lidar sensor maker Hesai adamant about global push amid EV tariffs

Hesai Group, the world’s largest maker of the lidar sensors that many smart cars use to map their surroundings, remains…

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New Business

Uber said to eye US$10 million stake in IPO of China’s Pony AI amid self-driving boom

Uber Technologies plans to invest in Pony AI’s US initial public offering (IPO), which is expected to be priced next…

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Tech

Baidu-backed Jiyue seeks traction in China’s premium EV market with second model launch

Jiyue, a premium electric vehicle (EV) maker backed by China’s search-engine giant Baidu, is doubling down on autonomous-driving technology as…

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Tech

Robotaxi start-up WeRide delays US IPO days before Chinese approval expires

Chinese autonomous driving start-up WeRide has postponed its US initial public offering (IPO), citing the need for additional time to…

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Tech

Chinese lidar sensor maker Hesai’s removal from US blacklist clears global expansion path

China’s Hesai Group, one of the world’s top makers of lidar sensors used in smart cars, has been removed from…

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Tech

Chinese autonomous-driving firm WeRide seeks up to US$440 million in US IPO, placement

A group of investors agreed to buy US$320.5 million worth of ordinary shares via private placements, the filing shows. Alliance…

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Tech

Baidu Maps reports brief service outage amid autonomous driving push on Chinese roads

The map service operated by Baidu reported a brief service breakdown on Wednesday afternoon, according to its users and customer…

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Tech

Mercedes gets greenlight for high level self-driving tests in Beijing, ahead of Tesla’s FSD

Mercedes gets greenlight for high level self-driving tests in Beijing, ahead of Tesla’s FSD Mercedes-Benz Group has received approval from…

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Tech

Autonomous driving unicorn WeRide files for US IPO amid expansion plans in China, overseas

WeRide – a Cayman Islands holding company whose operations are mainly conducted by Guangzhou Wenyuan Zhixing Technology and its subsidiaries…

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